News for CPAs…
401(k) Plan Sponsors Beware: Supreme Court Decision Holds Employer Liable For Excessive Fees.
A Supreme Court decision last week made it clear that 401(k) plan sponsors (aka employers) must watch fees in their 401(k) plans. 401(k) plan sponsors have fiduciary responsibility to employees in the 401(k) plan. The Supreme Court and Circuit Courts are making it clear how far that fiduciary responsibility goes. More to come on this in the next issue of AZ CPA magazine. Read More
Legislative Update – May 2015
This month’s legislative update includes information on the accountancy board member appointment, AZGOP Legislative Salute, the Auditor General’s report on ADOR, an update from the accountancy board meeting and the PAC update. Read More